Pointing out that Chandrababu Naidu has openly agreed that his government is into commercial ventures in the name of capital formation and Union Minister M Venkaiah Naidu has endorsed the view, YSR Congress said that the theory of creation of wealth is limited only to the Chief Minister and his coterie and not the people of the state.

Former
minister and party spokesperson K Partha Sarathi recalled that the
Chief Minister, when asked during an interview about the allegations
of real estate business by the government, said "how does that
matter to them" which is a blatant and categorical statement of
agreeing that the real estate business is on. The Union Minister also
endorsing the same to raise funds shows that the intention of the
Chandrababu Naidu is only to create wealth among their community and
a selected few leaving the welfare of people to lurch, he added.

In
Focus

He
accused that the Chief Minister has proven record of passing on the
information to his business associates and close circle that leads to
huge profits as seen during the construction of HiTech City with
Jayabheri and other institutions reaping benefit out of the advance
information. 'Even now his coterie has purchased land in large
extent in the peripheries of the capital area and would make a
killing once the capital city is formed. A foreign research scholar
has mentioned in his thesis that Chandrababu Naidu has always helped
his community and close associates,' he said.

The
foremr minister has dismissed opposition parties and social
organizations and said farmers are more important as they have
sacrificed land. 'In such a case, why was Section 144 and Section
30 invoked in the area along with the threats that the Land
Acquisition Act will be imposed or the area will be declared as Green
Belt so that no construction can up there. Majority of the farmers
have given the land due to fear of losing the little compensation if
they defied the government. There may be some persons who volunteered
to give up land but the number is not that big as the claims are
made, he said.

Regarding
the extravaganza, he said that TDP has been condemning the statement
of our leader and party and has put forth an argument that only Rs 9
crores is being spent by the Collectors or Krishna and Guntur
districts. This cannot be true going by the scale of the programme.
'We have seen the disadvantage when all economic activity was
concentrated in Hyderabad and we demand that such mistake should not
be repeated and there should be all round development,' he added.